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Lolc Holdings Plc (Sri Lanka)

Main Activities: Rental and Leasing Services
Full name: Lolc Holdings Plc Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

LOLC Holdings Plc is a global conglomerate based in Colombo. The company was incorporated decades ago and has since diversified into various sectors including financial services, leisure, agriculture and plantations, construction and real estate, manufacturing and trading, technology, research and innovation, and strategic investments. The company aims to shape the future of individuals and communities worldwide. It is a leading player in the International MSME sector and focuses on green financing, financial inclusion, and promoting financial independence for women. LOLC is aligned with the UN Sustainable Development Goals and prioritizes economic development and client protection principles. The LOLC Group has a strong presence in Asia and Africa, with operations in Singapore, Sri Lanka, Cambodia, Myanmar, Indonesia, Philippines, Pakistan, Zambia, Zimbabwe, Nigeria, Tanzania, Malawi, Egypt, Kenya, Ghana, Sierra Leone, Tajikistan, Kyrgyzstan, Maldives, Mauritius, Australia, and UAE. The company has received support from Development Finance Institutions and multilateral funding lines, reflecting confidence in its sustainable operations. LOLC's history began with Lanka ORIX Leasing Company (LOLC), which provided pioneering leasing solutions in Sri Lanka. Recognizing the lack of financial solutions for grassroots entrepreneurs and individuals, LOLC expanded its portfolio to empower the masses and SME sector, improving their financial stability and well-being.

Headquarters
100/1, Sri Jayewardenepura Mawatha, Rajagiriya
Colombo; Western Province;

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Website: http://www.lolc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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1.57%
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0.6%
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0.45%
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0.33%
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0.21%
Subsidiaries
General Accessories And Coating (Pvt) Ltd
100%
Abn Micro Finance
Ajax Engineers (Private) Limited
Company Performance
Financial values in the chart are available after Lolc Holdings Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
2.54%
Operating profit (EBIT)
-56.66%
Net Profit (Loss) for the Period
-63.42%
Total assets
14.19%
Total equity
8.16%
Total Assets Trend
-42.56%
Net Interest Income Trend
-6.16%
Loans to Deposits Ratio
-4.17%
Loans to Asset Ratio
3.45%

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